Last checked at 30 May 2023 07:00
Britvic plc (BVIC ) Britvic plc Share Repurchase Programme 30-May-2023 / 07:00 GMT/BST Britvic plc Legal Entity Identifier: 635400L3NVMYD4BVCI53
30 May 2023
SHARE REPURCHASE PROGRAMME
Britvic plc (“Britvic”) today announces that it will commence a share repurchase programme of Britvic’s ordinary shares of 20p each (the “Ordinary Shares”) up to a maximum consideration of £75,000,000 (the “Programme”).
Britvic announces that it has entered into an instruction to Morgan Stanley & Co. International Plc (“Morgan Stanley”) in relation to the purchase by Morgan Stanley, acting as riskless principal during the period commencing on 5 June 2023 and ending no later than 30 April 2024, of ordinary shares in the share capital of Britvic (the “Shares”) for an aggregate purchase price of no greater than £75,000,000 and the on-sale of such Shares by Morgan Stanley to Britvic. The maximum number of Shares that can be purchased under the Programme is 26,081,857.
To the extent permitted by law, Ordinary Shares purchased under the Programme will be cancelled.
Media Enquiries: Please contact:
This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.
Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. |
| ISIN: | GB00B0N8QD54 |
| Category Code: | POS |
| TIDM: | BVIC |
| LEI Code: | 635400L3NVMYD4BVCI53 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 246394 |
| EQS News ID: | 1641987 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.